retail Articles

Amazon still dominates online sales in the U.S., with some 40% share according to eMarketer, brick-and-mortar stores still drive 85% of all retail sales, according to the U.S. Department of Commerce. E-commerce also remains an expensive way to sell products, including at Amazon, which last month warned that profits could vanish in the holiday quarter.

Black Friday History Mystery

Although the 30-day period between Thanksgiving and Christmas accounts for most retailers entire profit for the year, it is becoming a less powerful retailing trick.

An estimated 6% of the nation’s gross domestic product is moved in UPS trucks every year. The explosive growth of online retail has made the company and its drivers more crucial than ever to the nation’s struggling supply chain. Beyond the company’s home deliveries, it also delivers many of the goods found in stores, factories and offices.

Ecommerce continues to post record numbers. It is quickly becoming the dominant retail channel.

In general, ecommerce seems unstoppable.